ABSTRACT
Urbanization puts pressure on land for commercial, industrial and residential need, and on the local authority to provide public services. This chapter identifies and examines the main forms of supply through which institutions and individuals access land and property. Land and property still constitute popular sources of local authority revenue for financing public services. The chapter traces land acquisition charges for the provision of social and physical infrastructure, and the rating system and how rates have been distributed by the owner group. It evaluates the rating system and the 1975 Land Act's impact on the land and property market. The chapter draws together findings and relates these to the theme of equity, arising from the central argument that urban management decisions affect people's lives through the allocation of benefits and burdens. Although some land and property changed ownership rapidly and at a profit, it cannot be said with certainty that speculation was the motive.
